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Under the project, the first and second runways must be repaired and a new airport complex built. The offer says direct investment is the desirable participation form, but it does not disclose where the private money will go.
The Russian government previously approved a Crimea development target program, which includes allocating over 12.939 billion rubles for the airport’s development till 2020, while the airport terminal is planned to be constructed with funds from a private investor.
Acting Crimea’s Head Sergei Aksyonov previously said five major Russian airport operators are interested in investing in the airport.